Book Value Per Share One-Year Growth with MarketXLS

Book Value Per Share (BVPS) is an essential metric for gauging a company's net asset value on a per-share basis. When assessing investments, savvy traders and analysts often look at the growth or trend in BVPS over time. The BookValuePerShareOneYearGrowth function in MarketXLS helps you directly pull and analyze the one-year percentage growth rate of Book Value Per Share for US-listed stocks right within Excel. It’s quick, convenient, and integrates flawlessly with the MarketXLS Add-in.

Why Use This Function?

• Evaluate Long-Term Stability: Tracking the year-over-year change in BVPS can offer insights into a company's financial health and capacity to grow equity over time.
• Compare Across Companies: Quickly compare BVPS growth rates for different stocks to identify which companies have stronger equity position growth.
• Monitor Portfolio Holdings: Gauge consistent long-term equity performance for your holdings, especially if you focus on fundamental investing.
• Complement Other Metrics: Pair the result of this function with other MarketXLS fundamental data (e.g., Net Income, Revenue Growth) for a deeper dive into a company's progress.

How to Use in Excel

=BookValuePerShareOneYearGrowth("Symbol")

Simply type the function into a cell in Excel where MarketXLS is installed, replacing "Symbol" with the stock ticker you want to analyze (e.g., "AAPL"). Upon pressing Enter, you’ll get the company’s one-year BVPS growth rate (often expressed as a decimal or percentage depending on your cell formatting).

If the function returns "NA", it may indicate:

• The ticker symbol is invalid or not recognized.
• No data is available for the requested company.
• Your MarketXLS license needs validation or renewal.

Parameters Explained

• The function does not accept additional parameters; it specifically fetches the one-year growth data for BVPS.
• BVPS represents the net asset value available to shareholders, normalized by the number of outstanding shares.

Example Usage

Basic Examples

1. Check Apple’s BVPS Growth:
   =BookValuePerShareOneYearGrowth("AAPL")
   This returns the year-over-year growth in Apple’s Book Value Per Share as a single numeric value. If Apple’s data is available, the cell might display something like "0.15" (15%) or "NA" if data is not found.

2. Cell Reference Example:
   If you have the ticker in cell A2, use:
   =BookValuePerShareOneYearGrowth(A2)

3. Multiple Symbols in a Sheet:

   • In B2: =BookValuePerShareOneYearGrowth("AAPL")
   • In B3: =BookValuePerShareOneYearGrowth("MSFT")
     This way, you can compare them side by side if you have “AAPL” and “MSFT” in a watchlist.

Advanced Scenarios

1. Yearly Fundamental Growth Comparison:
   You might combine BVPS growth with other growth functions (e.g., revenue, earnings) to create a fundamental analysis dashboard. Each row or column can represent a different growth metric, so you can quickly see which metrics are driving the company’s performance.

2. Screening Stocks for Long-Term Holding:
   Set up a screener in Excel where you compare BookValuePerShareOneYearGrowth for multiple stocks. Use conditional formatting to highlight cells that exceed a target growth threshold (e.g., > 5%). This helps identify companies with stronger equity expansions.

3. Integrating with Further Analysis:
   Combine BookValuePerShareOneYearGrowth with trailing returns or average PE ratios for a more holistic view. For instance, if you see consistent BVPS growth but a plunging stock price, you might investigate if the market is undervaluing the company's fundamentals.

Common Questions and Troubleshooting

1. Why do I get "NA"?
   – The symbol may be invalid, there may be insufficient fundamental data for the time period, or your MarketXLS license might need renewal. Double-check the ticker symbol and ensure you have a valid license.

2. My result seems unusually high (or low). Is it correct?
   – MarketXLS calculates the year-over-year growth by referencing the earliest and latest available Book Value Per Share data for the past year. Unusual results could stem from significant changes in the company’s equity structure, corporate actions, or if the data includes special accounting circumstances.

3. Can I apply date ranges or specify quarters in this function?
   – Not for this specific function. It is designed to fetch a one-year BVPS growth figure. If you need different periods, explore other MarketXLS fundamental data functions that allow custom time frames.

4. How do I convert the returned value into a percentage?
   – Format your Excel cell as a Percentage (e.g., right-click ? Format Cells ? Percentage). Alternatively, multiply the raw decimal by 100 within Excel.

By regularly using BookValuePerShareOneYearGrowth, you can keep a pulse on how a company’s underlying equity value evolves over time. Whether you’re screening for stable growth candidates or validating an investment thesis, this simple yet powerful function adds valuable context to your decision-making process within Excel.